Maruti Suzuki, Bajaj Finance, SBI Cards And More - Festival Demand Picks For September: Axis Securities

BQ Prime’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BQ Prime’s subscribers an opportunity to expand their understanding of companies, sectors and the economy..Axis Securities Report.Maruti Suzuki India Ltd. - Maruti Suzuki has a stronghold in the entry-Level segment and with recent launches in the compact (All-New Brezza) and mid SUV (Grand Vitara) segment it seems to be moving towards regaining lost market share by FY25E. We expect a rise in demand from new launches along with upgradation of existing product portfolio, softening commodity inflation and improving engine control unit shortages to support recovery in the margins. Bajaj Finance Ltd. - Bajaj Finance’s digital initiatives and business transformation are key positives to look forward to and are currently progressing well with sequential improvement visible across metrics. With the digital transformation journey likely to be completed by FY23, we believe it should contribute meaningfully to the overall growth. SBI Cards and Payment Services Ltd. - Robust business momentum, improving net interest margins, and muted credit costs will help SBI Cards deliver superior return on asset/return on equity of 6-6.3%/27-28% over the medium term. However, owing to intensive competition, especially from the private banks, maintaining and improving market share will be challenging and remain a key monitorable. .Click on the attachment to read the full report:.DISCLAIMERThis report is authored by an external party. BQ Prime does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BQ Prime..Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

Maruti Suzuki, Bajaj Finance, SBI Cards And More - Festival Demand Picks For September: Axis Securities

Maruti Suzuki, Bajaj Finance, SBI Cards And More - Festival Demand Picks For September: Axis Securities

Choose a plan